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The Economic Singularity Audiobook

The Economic Singularity: Artificial Intelligence and the Death of Capitalism

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Publisher's Summary

Artificial intelligence (AI) is overtaking our human ability to absorb and process information. Robots are becoming increasingly dexterous, flexible, and safe to be around (except the military ones). AI is our most powerful technology, and you need to understand it.

This new book from best-selling author Calum Chace argues that within a few decades, most humans will not be able to work for money. Self-driving cars will probably be the canary in the coal mine, providing a wake-up call for everyone who isn't yet paying attention. All jobs will be affected, from fast food McJobs to lawyers and journalists. This is the single most important development facing humanity in the first half of the 21st century.

The fashionable belief that universal basic income is the solution is only partly correct. We are probably going to need an entirely new economic system, and we better start planning soon - for the economic singularity!

The outcome can be very good; a world in which machines do all the boring jobs and humans do pretty much what they please. But there are major risks, which we can only avoid by being alert to the possible futures and planning how to avoid the negative ones.

©2016 Calum Chace (P)2016 Calum Chace

What the Critics Say

"Read The Economic Singularity if you want to think intelligently about the future." (Aubrey de Grey)

What Members Say

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    Mr. Nathan Burley UK 04/11/2016
    Mr. Nathan Burley UK 04/11/2016 Member Since 2017

    CAPTelmo2165

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    "Not bad but a bit of a slog at times"

    The narrator is a bit hard work at times, slightly robotic but he does at least seem interested in the topic. The text is a bit hard going for an audio book and I did have to hit the rewind button a lot as I my mind ran off and tried to really come to terms with what I was hearing but there's some good stuff hear and it's worth it for those interested.

    1 of 1 people found this review helpful
  •  
    H Newsam 13/01/2017
    H Newsam 13/01/2017 Member Since 2013
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    "An important book looking at the future"

    As automation and AI progress jobs will be lost and some and eventually all will not be replaced. This is a great primer in how this will happen and what our options may be.

    0 of 0 people found this review helpful
  •  
    Wfiver UK 01/12/2016
    Wfiver UK 01/12/2016 Member Since 2015
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    REVIEWS
    3
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    "Great work on the AI & Robot society choices ahead"
    Would you listen to The Economic Singularity again? Why?

    Quite likely, becuase of the details and nuances Chace considers within his scenarios and the neat way he summarises the positions of other writers in this field.


    What was one of the most memorable moments of The Economic Singularity?

    The pleasant realisation that this author would NOT duck the big question. We have heard enough from authors retelling the coming singularity message in different ways. The frustration is that so few have had the nerve to examine the ways in which societal choices and scenarios might actually have to play out. Bravo to Chace.


    Which character – as performed by Joe Hempel – was your favourite?

    This is non-fiction work. Hemel does a perfectly serviceable and clear oration job. However this is one example of a book that might have been better voiced by its author. Alternatively a British English accented voice actor should have been chosen. There are times when the many UK example references the author makes and a few of the quirks of British English jar with the American accent. No criticism of Hempel here - it is the publisher's choice.


    Was there a moment in the book that particularly moved you?

    Chace gets as close as anyone to realising there might have to be a new paradigm shift to something beyond capitalism as we know it. I found myself almost willing him to reach for it and he says himself he's getting close. Despite his general intellectual bravery in examining the various social and political scenarios - he didn't get there.


    Any additional comments?

    A fantastic book. A genuine must read for anyone who needs to explore long term (20 - 30 year) scenarios for business planning or government policy.

    0 of 0 people found this review helpful
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  • Kindle Customer
    LOWELL, MA United States
    03/08/16
    Overall
    Performance
    Story
    "What will happen when humans become obsolete?"
    Any additional comments?

    "The arrival of machine intelligence is also the arrival of a different kind of automation which spells the end of paid work for many or most people." ---Calum Chace
    A concise, mostly accessible introduction to this topic that occasionally veers into dry text, or jargon-laden vocabulary (I almost gave up while reading sections in Chapter 3, but I'm so glad I didn't!) A bleak, frightening look into a likely future that is on the horizon. What happens when automation becomes so sophisticated (and cheaper, faster, and better) that it eliminates or fundamentally changes most of the jobs normally reserved for humans? We're not talking about low-level, physically repetitive jobs (these have already become automated: manufacturing, agriculture, some banking transactions), but all jobs throughout our society: lawyers, accounting, architects, journalists, doctors and nurses, financial consultants, teachers, TV presenters, bankers, psychiatrists, political speechwriters, etc., etc. It is not a question of if, but when, this will happen, and how quickly. Can society adapt on this scale by inventing new jobs to replace all the ones that are lost to technology? (the author is somewhat pessimistic on this score) Will the 1% that owns the A.I. help in "sharing the wealth?" (have they ever?) Will our society become a small elite of of tech gods, with the rest of us labeled as useless dead weight, struggling to eke out an impoverished existence without jobs or salaries?
    To be fair, the author goes out of his way to present both sides of this issue, from "don't worry; be happy. Humans are adaptable during times of changing technologies" to "The Robots are coming! The Robots are coming!" He sites experts who claim we will live in a utopia (no work!) to ones who see a dystopian future (no money!). He does not argue that these trends toward mass automation will not come to pass; he wonders how humanity will cope/won't cope with this transition----and when: now or when the crisis is upon us.
    I received a free copy of this audiobook from AudiobookBoom in exchange for an unbiased review. No robots were directly involved in the writing of this review.

    First they came for the fast food workers, and I did not speak out - because I was not a fast food worker;
    Then they came for the teachers, and I did not speak out - because I was not a teacher;
    Then they came for the accountants, and I did not speak out - because I was not an accountant;
    Then they came for the doctors, and I did not speak out - because I was not a doctor;
    Then they came for me - and there was no one left to speak out for me.

    4 of 4 people found this review helpful
  • jey cee
    10/08/16
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    "Artificial Intelligence"
    What’s the most interesting tidbit you’ve picked up from this book?

    This piece of work was more focused than his previous work. This book was more practical and pointed then the other book; maybe it was because the discussed items directly impact me. It is more directed at economics and AI whereas the previous book was covering a broader set of material.


    3 of 3 people found this review helpful
  • Kurtis Stutsman
    04/01/17
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    Performance
    Story
    "A Logical Organization of Relevant Information"

    Very informative. Worth the time. Well researched. You'll only like it if you are interested in the truth, not in just being entertained.

    2 of 2 people found this review helpful
  • Justin
    23/12/16
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    Performance
    Story
    "very relevant, up to date, thought provoking, fair"

    very relevant, up to date, thought provoking, fair assessments. he introduces several other books that both conflict and supplement his book

    2 of 2 people found this review helpful
  • Stefan
    22/12/16
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    Performance
    Story
    "An overview done right"

    This book is an overview into the subject but also paints with quite detail. It has more in depth than surviving ai, but is similarly basing all claims on the most current research and theories. If you thought surviving ai was a bit choppy with new chapters and sub chapters, this is more fleshed out and more a pleasant listen.

    There are so many different sources cited that digging further into any specific part of interest is really easy. Great book.

    2 of 2 people found this review helpful
  • J.-M. Kuczynski
    Madison, Wisconsin
    18/12/16
    Overall
    Performance
    Story
    "Never boring, always illuminating"
    What did you love best about The Economic Singularity?

    This book is actually useful. It identifies professions that are in the process of being automated (and that, when one reflects on the matter, deserve to be automated).


    What was the most compelling aspect of this narrative?

    It has predictive value.


    Which character – as performed by Joe Hempel – was your favorite?

    No characters.


    What’s the most interesting tidbit you’ve picked up from this book?

    That lawyers are, thankfully, being automated out of existence. Also, that robots are better lawyers than lawyers. Which, to anyone who has ever worked with a lawyer, is not surprising.


    Any additional comments?

    I listened to this while on the rowing machine. Made exercise a lot more enjoyable.

    2 of 2 people found this review helpful
  • rodrigober
    09/11/16
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    Story
    "interesting book "

    interesting for young people that want a perspective on the work of the future of our lives
    it gives you a good perspective on the challenges to come and tools to help tackle them

    2 of 2 people found this review helpful
  • David Crammer
    03/11/16
    Overall
    Performance
    Story
    "insightful or alarmest"

    I enjoyed the entire book. I'm not sure if it is alarmest or realistic but it seemed feasible.

    2 of 2 people found this review helpful
  • Edward
    18/10/16
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    "Strongly Recommend!"

    10 years ago, smart phones did not exist. 25 years ago, webpages did not exist. The changes taking place in the upcoming 10 and 25 years will be dramatically more life changing. This book provides an entertaining, thought-provoking, and fairly objective description of what that journey might be like and what roles artificial intelligence may play in it. My personal thoughts are that paradoxically what is described in this book will happen both faster and slower than we expect.

    2 of 2 people found this review helpful
  • Kevin S.
    30/08/16
    Overall
    Performance
    Story
    "One Way the Future Could Roll"

    Interesting ideas. Can lead to some excellent discussion. I did find it however, extremely Euro-Anglo-American-centric. There was no consideration of particularly third world population dynamics and the political impacts that may/will have. Also, highly focused on the technology to achieve the 'unemployability of most of the human race' and discussion of the implementation of a Universal Basic Income (UBI).

    I felt the author failed to adequately address the larger moral and psychological issues. And a machine will NEVER have a soul. Author seemed to assume that all but the less than 10% who may descend into unhealthy addictions, will be perfectly content to just exist in their virtual reality chairs doing whatever self-absorbed activity they desire having no ability or desire to pursue anything better. Personally, I don't accept that. Perhaps it's time to reconsider distributism.

    I do think the narrator did an excellent job. Appropriately smooth and kept me going.

    Perhaps a read of C.S. Lewis's That Hideous Strength is worth considering or enjoy watching WALL-E to see what may happen to multi-generational couch potatoes.

    2 of 2 people found this review helpful

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